Motilal Oswal Securities is a Stock Broking firm that provides various types of financial services to its clients. Since its establishment in 1987, this Mumbai based financial firm has earned a considerable reputation in the finance sector with its advanced services.
Motilal Oswal Securities is a well-established company that earlier was only a stock trading company but over the years it expanded. After a few years of establishment, it started offering a wide range of services focused on financial products and services.
Later on, the company also entered the investment banking sector in the year 2005. They have a wide customer base including retail customers, corporate clients, mutual funds.
For the last four decades, Motilal Oswal is a well-reputed name in the finance segment. It provides financial services such as
- Retail Broking
- Commodity Broking
- Currency Broking
- Institutional Equities
- Wealth Management,
- Private Equity
- Asset Management
- Portfolio Management Services
- Investment Banking Services, and many other services.
Account Opening Charges and AMC Of Motilal Oswal Securities
Depository Participant’s (DP) charge is a very nominal amount for the account opening. Many firms and banks have a process to return the charges as soon as a Demat account is ready for the customer. Some others may not charge at all.
Customers get lifetime fees by Stock Holding Corporation for opening their accounts. It helps the customer to keep their Demat account for a long period.
AMC: Annual Maintenance Charges also referred to as folio maintaining charges. The fee for annual maintenance or folio ranges somewhere between INR. 300 to INR. 1000. This fee structure can again vary from one DP to another DP.
Due to competition, many brokers are offering less or no maintenance charges. But, such offers are valid during the first year for the customers. After the offer ends with the first year the payment cycle starts occurring for customers.